The companies associated with the Romanian Business Chamber, totaling over 1 billion euros in turnover, have started the steps to cancel their partnerships with Austrian and Dutch banking institutions.
The companies associated with the Romanian Business Chamber, totaling over 1 billion euros in turnover, have started the steps to cancel their partnerships with Austrian and Dutch banking institutions.
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DeepL translation:
>All companies with Romanian and foreign capital, members of the Romanian Business Chamber Association (RBC) have started from 09.12.2022 to cancel their partnerships with Austrian and Dutch banking institutions. This includes both the effective closure of each company’s bank accounts and the termination of agreements on the payment of employees’ salaries into accounts with these foreign banks, according to a press release.
The member companies of the Romanian Business Chamber Association have a turnover of more than €1 billion and more than 20,000 employees.
“All member companies of the Romanian Business Chamber are rethinking their partnerships following the blackmail against Romania by Austria and the Netherlands in the JHA Council, where these countries voted against Romania’s entry into Schengen. Romania meets all the conditions to be in Schengen, the negative vote of these countries against Romania being completely unjustified, abusive and clearly made in bad faith”, said Paula Pîrvănescu, President of RBC.
Although for 11 years Romania has met all the conditions for Schengen membership, as shown by multiple European Commission reports and European Parliament resolutions, it has been consistently denied access to this area of free movement.
“The rejection of Romania’s entry into the Schengen area negatively affects both our country’s economy and the economies of the other EU Member States. The non-acceptance of Romania in the Schengen area hinders the development of companies with Romanian capital, discourages foreign direct investment, affects the maintenance and growth of jobs in private companies, which has a negative impact on the prosperity of all Romanians”, said Paula Pîrvănescu.
In the 11 years since it met all the technical criteria for joining the Schengen area, Romania has lost at least €25 billion, according to multiple evaluation reports.
The Romanian Business Chamber Association was established in 2020 with the aim of connecting Romanian business people to new business and investment opportunities both abroad and inside the country, which will give them the chance to internationalize their company and expand their business.
“The Romanian Business Chamber Association will take all the necessary national and international steps to make Austria and the Netherlands review their position towards Romania’s entry into Schengen. Until a positive vote from these countries, all RBC member companies will renounce the services offered in Romania by Austrian and Dutch banking institutions”, concluded Paula Pîrvănescu, President of RBC.
Austria: it’s just a flesh wound 🙂
Romania voting with their wallets. It can be quite effective
Go Romania! Fight for what you deserve!
Different kind of “veto”
I am really proud of this, and I don’t say it often, this is inspiring
The right thing to do.
Good for them. There’s only two things I hate in this world: people who are intolerant of other people’s cultures, and the Dutch.
Go fuck this Austrian government, my Romanian neighbours. At least one of the two countries is acting like it really wants to be in Schengen.
Good, I’ve changed my bank account – it doesn’t seem much but if 1 in 10 people does it it will mount to something. At least we learned that even if we play by the EU rules we are still going to be mistreated. Screw schengen and Austria – we don’t need either.
Keep going! This is just the start!
This time it felt like it was personal, probably also because of the international context (war at our borders) and it seems to be a complete lack of respect towards Romania and Bulgaria, since there’s no real reason for what happened.